One-Time Fees
Set-up fee $500
(Paid upon execution of administration agreement)
Administration termination fee $500
(Paid only if administration agreement is terminated
by the board of directors in 1st 3 years of engagement)
Ongoing Annual Administration Fees
| Foundation Asset Size: |
 |
Annual Administration Fee: |
| |
| $0 - $500,000 |
|
$2,000 |
| $500,001 - $1,000,000 |
|
$2,750 |
| $1,000,001 - $2,500,000 |
|
$4,000 |
| $2,500,001 - $5,000,000 |
|
$6,500 |
| $5,000,001 - $7,500,000 |
|
$10,000 |
| $7,500,001 - $10,000,000 |
|
$17,500 |
| $10,000,001 - over |
|
$25,000 |
Ongoing administration fees are paid annually, in advance,
in January of each year. The fees are computed based upon
asset size of the foundation as of December 31 of the previous
yearend. Initial administration fees are payable upon execution
of the administration agreement (based upon foundation asset
size at that time for foundations already fully funded or
based upon the anticipated asset size once fully funded) and
are for the full, annual amount and are not pro-rated.
Separate fees may be charged in the event services are rendered
related to audits by the IRS or other taxing authorities or
services are requested by the board of directors which are
outside the scope of the normal administration services. |
